New Issue: Goldman Sachs prices $10.79 million buffered notes linked to S&P 500

By Toni Weeks

San Diego, Oct. 24 - Goldman Sachs Group, Inc. priced $10.79 million of 0% buffered index-linked notes due Dec. 4, 2014 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par plus the index return, up to a maximum settlement amount of $1,180 per $1,000 principal amount.

Investors will receive par if the index falls by up to 20% and will lose 1.25% for every 1% drop in the index beyond the 20% buffer.

The initial index level of 1,434.63 is higher than the actual closing level of the index, 1,433.82, on the pricing date.

Goldman Sachs & Co. is the underwriter.

Issuer:	Goldman Sachs Group, Inc.
Issue:	Buffered index-linked notes
Underlying index:	S&P 500
Amount:	$10,791,000
Maturity:	Dec. 4, 2014
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus the index return, up to a maximum payment of $1,180 per $1,000 principal amount; par if index falls by up to 20%; 1.25% loss for every 1% drop beyond 20%
Initial index level:	1,434.63
Pricing date:	Oct. 22
Settlement date:	Oct. 29
Underwriter:	Goldman Sachs & Co.
Fees:	1.975%
Cusip:	38147H304

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